Common use of Venturers Clause in Contracts

Venturers. The Venturers of the Venture and their addresses shall be listed on SCHEDULE 2.8 and said schedule shall be amended from time to time by the Manager to reflect the withdrawal of Venturers or the admission of additional Venturers pursuant to this Agreement. The Venturers shall constitute a single class or group of Venturers of the Venture for all purposes of the Act, unless otherwise explicitly provided herein. The Manager shall notify the Venturers of changes in SCHEDULE 2.8, which shall constitute the record list of the Venturers for all purposes of this Agreement.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Boston Capital Real Estate Investment Trust Inc)

Venturers. The Venturers of the Venture and their addresses shall be listed on SCHEDULE Schedule 2.8 and said schedule shall be amended from time to time by the Manager Administrative Agent to reflect the withdrawal of Venturers or the admission of additional Venturers pursuant to this Agreement. The Venturers shall constitute a single class or group of Venturers of the Venture for all purposes of the Act, unless otherwise explicitly provided herein. The Manager Administrative Agent shall notify the Venturers of changes in SCHEDULE Schedule 2.8, which shall constitute the record list of the Venturers for all purposes of this Agreement.

Appears in 1 contract

Sources: Limited Liability Company Agreement (Captec Net Lease Realty Inc)